Much of the discussion has centred on Malaysian owners, but foreign residents, especially Malaysia My 2nd Home (MM2H) visa holders who own properties, also need to understand how the URA might affect them.
Rahim & Co International Property Consultants director of research Sulaiman Saheh said growth opportunities are strongest along the RTS and JS-SEZ corridor, but it remains uncertain how far the spillover effect will reach other parts of the state.
The master plan would provide a clear and structured guide for investors while coordinating development across the zone also known as the JS-SEZ, said Economy Minister Akmal Nasrullah Mohd Nasir.
Padini had 149 domestic outlets with annual lease payments of RM145.
While portions of the land are currently occupied by tenants, Oriental Interest noted that these tenancies are expected to expire by the deal’s completion.
According to Paramount, the site, located within the Putrajaya Sentral masterplan, is near Putrajaya Sentral Station, the city’s main integrated transportation hub connecting the MRT Putrajaya Line, the KLIA Transit Express Rail Link and bus networks.
The JV company, Lum Chang Tien Wah Property Sdn Bhd (LCTWP), has signed an agreement with MyTelehaus Sdn Bhd to develop, own, lease and operate a data centre.
The Mansions @ ParkCity Heights, Kuala Lumpur terrace house sold for RM9.
Demand in the industrial sector is expected to rise in higher-value industries such as electrical and electronics, semiconductors, data centres and technology-related manufacturing, according to CBRE | WTW’s Malaysia Real Estate Market Outlook 2026 report.
Phase 4 of Ridge View @ Puchong is part of the larger 25-acre gated and guarded development.
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